Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 7. LIFE INSURANCE AND ANNUITIES |
Subtitle A. LIFE INSURANCE IN GENERAL |
Chapter 1109. UNCLAIMED LIFE INSURANCE AND ANNUITY CONTRACT PROCEEDS |
Subchapter D. CLAIMS FOR PROCEEDS |
Sec. 1109.154. PAYMENT OF CLAIM
Latest version.
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The comptroller shall pay from unclaimed money received under Chapter 74, Property Code, or under any other statute requiring the delivery of unclaimed property to the comptroller, a claim that:
(1) the comptroller accepts; or
(2) a court orders the comptroller to pay.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.